• Pete

Take the Good with the Bad

Consumer Prices fell 0.8% as expected driven by the drop in demand for gas, services, and the fall off in airline travel. That is down from the previous read of 0.4% and the most since the 2008 recession.

The national average price of gas is $1.847. In the last week we saw posting as low as $0.99 at various times in Wisconsin, Kentucky, Tennessee, Oklahoma and others. In Hawaii and California, the price remains above $3.00.

0 views0 comments

Recent Posts

See All

The Jobs Report was just a little under expectations. There were some bright spots though. You can get the details here https://www.cnbc.com/2022/04/01/jobs-report-march-2022-.html?__source=newsletter

The CME Group will be launching 20 Year Bond Futures March 7th see the details here: https://go.cmegroup.com/webmail/502091/1224989732/ebf2b06d9b9f415c0ba49e74fe72fcca05b716872c4dcb08a86bdcdd3eff65d9

A 6.2% spike in consumer prices is most in 30 years. Read more here https://www.cnbc.com/2021/11/10/consumer-price-index-october.html?__source=newsletter%7Cbreakingnews